When the new currency $1000CAT goes online, everyone can see a big rising line, and in their hearts, they think, if only I could have invested when it was 1 dollar, wouldn't I have made a fortune by now!
But in reality, thinking this way is really naive. You have to know that before launching a new currency, b n needs to set three key price points: opening price, highest price, and lowest price.
Take the currency VANA for example, the lowest price is marked at 1 dollar, but this is not something we can easily buy.
This is often based on its issuance price or the pricing on other exchanges.
As a result, once it launches, it shot directly to around 21 dollars, and the highest even soared to 24.78 dollars!
From 1 dollar to 24.78 dollars, this increase looks quite tempting, but it actually has nothing to do with us.
To put it bluntly, by the time you see the new currency go online, it has long been more than 1 dollar. By the time you can actually buy it, it might have already increased by hundreds or even thousands of percent.
So when a new currency goes online, that so-called lowest price is simply not available for purchase. Be rational and don't get dazzled by the superficial increase!